Austral Group S.A.A. Announces Unaudited Earnings and Operating Results for the Second Quarter and First Half Ended June 30, 2017; Provides Production Guidance for the Year 2017
For the first half, the company reported operating revenue of NOK 923.329 million against NOK 476.788 million a year ago. EBITDA was NOK 268.636 million against NOK 49.742 million a year ago. EBIT ex. impairment was NOK 173.242 million against loss of NOK 33.999 million a year ago. EBIT was NOK 175.463 million against loss of NOK 30.518 million a year ago.
For the quarter, the company has reported total volume of 217,000 MT against 53,000 MT a year ago.
For the first half, the company has reported total volume of 284,000 MT against 90,000 MT a year ago.
The company expects total volume to be 486,000 MT for the year 2017.